Odaily Planet Daily News: Perp DEX Narwhal Finance, led by Animoca Ventures, announced that the Beta mainnet has been launched on Arbitrum and BNB Chain at the same time, and the smart contract has been audited by the audit company Zokyo. The platform also announced the launch of the Trade to Earn event, which will double the reward period from now to August 7. Users can obtain retroactive airdrops by trading or completing daily tasks. It is reported that Narwhal Finance uses a single stablecoin counterparty pool (USDT). Users can invest in USDT to obtain liquidity tokens NLP and start to receive platform fees distributed in USDT. As of now, the platform liquidity pool TVL is 1.4M. In addition, according to Narwhal Finance, the platform coin NAR will conduct an IDO in Q3 2023, and the token will be issued on Arbitrum and BNB Chain at the same time. Users can now use leverage to trade synthetic assets such as cryptocurrencies and foreign exchange. Narwhal's market maker partner is Jump Crypto, and the platform will continue to upgrade and iterate its functions.
